3116 Emerson Ave N Minneapolis, MN 55411

Listing Agency KW Commercial Premier - St Paul w***@kw.com Show Phone

Listed by William Schultz Show Phone

Source Moodyscre

Added: Jun 2 Updated: Jul 20 at 6:17 pm Checked: Jul 20 at 6:17 pm

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Investment Insights

Based on property information with market context.

This for-sale mixed-use property includes 4 residential apartments and 2 commercial spaces within a single building. The offering is fully occupied, with leases in place for both residential and commercial tenants.

The property is situated at the corner of Lowry Ave N and Emerson Ave N and is described as having neighborhood commercial visibility. Off-street convenience is provided by 10 rear parking stalls.

With in-place income from multiple unit types, the configuration supports diversified cash flow within one asset that combines residential living and storefront-style space.

Key Highlights

• Mixed‑use property with 4 residential apartments and 2 commercial spaces
• 100% occupied with leases in place for both residential and commercial tenants
• Actual annual scheduled income of $79,812; actual NOI of $41,523

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building with 4 apartments and 2 commercial spaces, fully occupied, with corner exposure and rear parking.

Where is this mixed-use property located?

The property is located at 3116 Emerson Ave N Minneapolis, MN.

What is the asking price?

The asking price for this property is $419,900.

What are key features of this property?

This property features: Mixed‑use property with 4 residential apartments and 2 commercial spaces; 100% occupied with leases in place for both residential and commercial tenants; Actual annual scheduled income of $79,812; actual NOI of $41,523